Visa announces expiration and results of exchange offer for class b-1 common stock

San francisco--(business wire)--visa (nyse:v) today announced that its exchange offer for class b‑1 common stock expired on may 3, 2024. the exchange offer allowed each participating holder of class b‑1 common stock to exchange their shares of class b‑1 common stock for a combination of visa's class b‑2 common stock, visa's class c common stock and, where applicable, cash in lieu of fractional shares. today, visa has accepted 240,677,470 shares of class b‑1 common stock tendered in the exchange.
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